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Insurance
More than 1,500 structures were damaged or destroyed by at least six notable fires in Southern California, according to an Aon Benfield report. 13 December 2017
Insurance
Specialist Lloyd's insurance group Chaucer has appointed Jerome Faure as an independent non-executive director of its managing agency and main operating company Chaucer Syndicates Limited (CSL). 13 December 2017
Insurance
The California Department of Insurance has issued a notice to insurers asking them to agree to expedite wildfire claims handling and adopt a billing grace period. 13 December 2017
Insurance
The California Department of Insurance issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits this practice. 13 December 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Kellie Reese as an underwriter in its recently launched excess and surplus (E&S) property operation. 13 December 2017
Insurance
The General Insurance Stress Test (GIST) conducted by the UK’s Prudential Regulation Authority (PRA) suggested weaknesses in the natural catastrophe modelling of insurers. 11 December 2017
Insurance
Australia’s IAG has entered into three agreements to quota share a combined 12.5 percent of its consolidated business from Jan. 1, 2018. 8 December 2017
Insurance
US insurers are generally welcoming the corporate tax reform but are cautious against unintended consequences, according to analysts from research firm CreditSights. 8 December 2017
Insurance
Lloyd’s CEO Inga Beale commented on the news that the UK and EU plan to move to the next phase of Brexit talks. 8 December 2017
Insurance
Swiss Re chief financial officer David Cole is set to step down on March 31, 2018, and will be succeeded by John Dacey, currently group chief strategy officer. 8 December 2017
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